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2 Beds
2 Baths
2,963 sqft

$374,900

722 N Broad Street, Mankato MN, 56001

Price per sqft$126.53
Built in1906
Property size2,963 sqft
Property typeMulti-family
Courtesy of American Way Realty, Zachary Murra Listing Contact:

Overview

Active

Listed Oct 22, 2026

Updated 1h ago

Fantastic investment opportunity! This extensively renovated up-and-down duplex offers an exceptional combination of modern updates, classic charm, and established rental income! Currently generating $3,520 per month ($42,240 annually) from the two residential units and garage rentals, this property is an excellent opportunity for investors looking to expand their portfolio. Featuring a spacious 3-bedroom upper unit and 2-bedroom main-floor unit, the property offers over 2,600 square feet of living space. The upper unit was completely remodeled in 2026, while the main-floor unit received a beautifully remodeled kitchen and bathroom. Additional 2026 improvements include all-new exterior vinyl siding, windows, kitchen appliances, updated electrical throughout the upper unit and portions of the main floor, and a new stackable washer and dryer upstairs. Other major improvements include a new roof in 2023 and a new boiler in 2022. Both units feature portable air conditioning, and tenants are responsible for all

$2,494/mo

Est. mortgage payment based on a $374,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7164120

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$3,914
Tax Frequency
Annually
Garage
Yes
Municipality
Mankato
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lauren A. Janoski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 7:58 PM UTC on 10/28/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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